THE HOBBIT: THE DESOLATION OF SMAUG Tops $500 Million Worldwide

"The Hobbit: The Desolation of Smaug" continues its climb up the worldwide box office, crossing $500 million globally. The film, a production of New Line Cinema and Metro-Goldwyn-Mayer Pictures (MGM), has thus far grossed an estimated $160.5 million domestically and $343.5 million internationally, for a worldwide estimated total of $504 million and growing.

The joint announcement was made yesterday by Gary Barber, Chairman and Chief Executive Officer, Metro-Goldwyn-Mayer Studios; Toby Emmerich, President and Chief Operating Officer, New Line Cinema; Sue Kroll, President of Worldwide Marketing and International Distribution, Warner Bros. Pictures; Dan Fellman, President of Domestic Distribution, Warner Bros. Pictures; and Veronika Kwan Vandenberg, President of International Distribution, Warner Bros. Pictures.

Moving into its third week in release, "The Hobbit: The Desolation of Smaug" continues to dominate the global box office, remaining the #1 film in U.S. and abroad. Internationally, the film has released in 61 territories, with key markets China and Japan set to open in the coming months.

"The Hobbit: The Desolation of Smaug" is the second film in Oscar-winning filmmaker Peter Jackson's epic "The Hobbit" Trilogy, based on the timeless novel by J.R.R. Tolkien. The first film, "The Hobbit: An Unexpected Journey," was released on December 14, 2012, and went on to become a billion dollar success at the worldwide box office.

In making the announcement, Fellman said, "Peter Jackson has delivered the perfect holiday treat for moviegoers. We anticipate that the film will continue to have terrific playability well into the new year as more people join in the adventure or return to experience it again and again."

Kwan Vandenberg added, "With fantastic box office numbers and word-of-mouth continuing to build internationally, 'The Hobbit: The Desolation of Smaug' is a global event. Warner Bros. joins our partners at New Line and MGM in congratulating Peter Jackson, his cast and crew, and everyone involved in this film on this milestone."

From Academy Award-winning filmmaker Peter Jackson comes "The Hobbit: The Desolation of Smaug," the second in a trilogy of films adapting the enduringly popular masterpiece The Hobbit, by J.R.R. Tolkien.

The screenplay for "The Hobbit: The Desolation of Smaug" is by Fran Walsh & Philippa Boyens & Peter Jackson & Guillermo del Toro based on the novel by J.R.R. Tolkien. Jackson also produced the film, together with Carolynne Cunningham, Zane Weiner and Fran Walsh. The executive producers are Alan Horn, Toby Emmerich, Ken Kamins and Carolyn Blackwood, with Philippa Boyens and Eileen Moran serving as co-producers.

New Line Cinema and Metro-Goldwyn-Mayer Pictures Present a WingNut Films Production, "The Hobbit: The Desolation of Smaug." The film is a production of New Line Cinema and Metro-Goldwyn-Mayer Pictures (MGM), with New Line managing production. Warner Bros. Pictures is handling worldwide theatrical distribution, with select international territories as well as all international television distribution being handled by MGM.